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Tredyffrin Twp Library Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 232724305 ✦ Strafford, PA ✦ Designated as a 501(c)(3)

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Overview

What is Tredyffrin Twp Library Foundation?

Tredyffrin Twp Library Foundation is a nonprofit organization situated in Wayne, Pennsylvania. Its primary mission is to raise and distribute funds for the Paoli and Tredyffrin Libraries. The foundation accomplishes this through two main avenues: Endowment and Capital Campaign. In the Endowment category, contributions are invested, and annual distributions are made to support the libraries' activities and mission. The Capital Campaign, on the other hand, utilizes contributions and related income for adding and renovating the Tredyffrin Library. The foundation's ultimate goal is to benefit the public libraries of Tredyffrin Township by supporting their activities and furthering their mission.


Official website here: www.tredyffrinlibraries.org

Is Tredyffrin Twp Library Foundation legitimate?

Tredyffrin Twp Library Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tredyffrin Twp Library Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.tredyffrinlibraries.org

What is the mission statement of Tredyffrin Twp Library Foundation?

The Tredyffrin Twp Library Foundation's mission is to support the public libraries in Tredyffrin Township, contributing to the advancement of their activities and mission. They accomplish this by investing all contributions and making annual distributions to these libraries. Additionally, the foundation undertakes capital campaigns, utilizing the contributions and related income for the addition and renovation of the Tredyffrin Library. In essence, the foundation's role is to raise and distribute funds for the betterment of the Paoli and Tredyffrin libraries.


Official website here: www.tredyffrinlibraries.org

What is the revenue of Tredyffrin Twp Library Foundation?

Tredyffrin Twp Library Foundation's revenue in 2023 was $200,253.


Official website here: www.tredyffrinlibraries.org

Who are the executives of Tredyffrin Twp Library Foundation and what are their salaries?

Here are 3 key members and their salaries:


James Kim (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amanda Neill (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Yu (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.tredyffrinlibraries.org

Where can I find the form 990 for Tredyffrin Twp Library Foundation?

Tredyffrin Twp Library Foundation's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.tredyffrinlibraries.org

Learn more at the official website: www.tredyffrinlibraries.org

Mission Statement of Tredyffrin Twp Library Foundation

The Tredyffrin Twp Library Foundation exists to serve a beneficiary role, primarily focusing on supporting the public libraries within Tredyffrin Township. This nonprofit organization fulfills its mission by providing financial assistance to the libraries' activities, thereby contributing to their overall mission. The foundation raises funds and distributes them to the Paoli and Tredyffrin Libraries, ensuring their growth and development through a capital campaign. Contributions made to this campaign are utilized for the addition and renovation of the Tredyffrin Library, thereby enhancing its capabilities and services. In essence, the Tredyffrin Twp Library Foundation exists to bolster the public libraries in Tredyffrin Township, contributing to their mission of providing valuable resources and services to the local community.

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Impact




October, 2024

The Tredyffrin Township Library Foundation significantly enhances the community's access to resources and educational opportunities through its financial support of the Paoli and Tredyffrin libraries. By investing all contributions into an endowment, it ensures a steady stream of annual distributions that directly benefit the libraries. This support facilitates essential activities and programs that enrich the public library experience.

Additionally, the Foundation raises funds specifically earmarked for capital campaigns, focusing on the addition and renovation of the Tredyffrin Library. This commitment to improving library facilities fosters a welcoming environment for patrons and encourages greater community engagement with library resources.

Overall, the Foundation plays a crucial role in sustaining and expanding the public libraries' services, helping to maintain their relevance and effectiveness as vital community hubs for learning, culture, and the arts.




This information is meant to be a general summary of Tredyffrin Twp Library Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$200,253 (2023)
Expenses
$112,757 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $35,640
  • Gross Receipts: $229,265

Assets and Liabilities:

  • Total Assets: $991,174
  • Total Liabilities: $43,488
  • Net Assets: $947,686

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Organization Details

Founding Year

1966

Principal Officer

James Kim

NTEE Category

Code: A76Z - Arts

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